With the 2020 presidential election in the rearview mirror, the Biden-Harris transition has now begun in full. The new administration is rapidly taking shape, and regular announcements outlining policy priorities, cabinet picks and top-level appointees set the stage for what's to come.
To examine and understand the significant changes that lie ahead, Pillsbury has established this resource center to highlight important regulatory and legislative developments and examine the far-reaching implications they will have on international business, particularly in the Technology, Energy, Financial and Real Estate & Construction industries.
Although the Small Business Administration has not yet opened the program to grant applicants, the agency recently released a series of FAQs that address certain definitions and eligibility criteria for prospective grantees.
As savvy investigators in Congress and the Biden-Harris Administration prepare for new and expanded government investigations, it is time for potential targets to assess and address their vulnerabilities.
The incoming Biden team will need to quickly address significant digital asset issues, including a major enforcement action and a significant proposed FinCEN rule initiated in the final days of the outgoing administration.
With potential gridlock in Congress and a national public health and economic crisis requiring immediate action, businesses can expect President-elect Biden to take swift action by using his executive power upon taking office.
The incoming Biden Administration promises a more nationalized approach to combatting the COVID-19 public health crisis, plus a large economic stimulus response focused on unemployment, paid leave, state and local government support and support to small- and medium-sized businesses.